Level Four Advisory Services LLC Buys 2,365 Shares of CF Industries Holdings, Inc. $CF

by · The Cerbat Gem

Level Four Advisory Services LLC raised its stake in CF Industries Holdings, Inc. (NYSE:CF – Free Report) by 3.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,639 shares of the basic materials company’s stock after acquiring an additional 2,365 shares during the quarter. Level Four Advisory Services LLC’s holdings in CF Industries were worth $5,855,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of CF. Trust Co. of Toledo NA OH bought a new stake in shares of CF Industries in the 2nd quarter worth approximately $26,000. Zions Bancorporation National Association UT purchased a new stake in CF Industries in the first quarter worth $27,000. Allworth Financial LP increased its position in CF Industries by 123.0% in the second quarter. Allworth Financial LP now owns 611 shares of the basic materials company’s stock worth $56,000 after buying an additional 337 shares during the last quarter. Summit Securities Group LLC bought a new stake in shares of CF Industries in the first quarter valued at $50,000. Finally, Geneos Wealth Management Inc. lifted its position in shares of CF Industries by 141.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock valued at $62,000 after buying an additional 463 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 1.3%

Shares of NYSE:CF opened at $79.39 on Friday. The firm has a fifty day moving average price of $84.92 and a two-hundred day moving average price of $88.50. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.22 and a quick ratio of 2.84. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $104.45. The company has a market cap of $12.38 billion, a price-to-earnings ratio of 10.36 and a beta of 0.89.

CF Industries (NYSE:CF – Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.13. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The firm had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the prior year, the firm posted $1.55 earnings per share. The business’s quarterly revenue was up 21.1% on a year-over-year basis. Analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 14th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.5%. CF Industries’s dividend payout ratio (DPR) is presently 24.10%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on CF shares. Rothschild & Co Redburn lifted their price objective on CF Industries from $78.00 to $86.00 in a report on Monday, November 10th. Zacks Research lowered shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. BNP Paribas Exane reduced their target price on shares of CF Industries from $90.00 to $80.00 and set a “neutral” rating for the company in a research note on Monday, November 24th. Wolfe Research upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Finally, Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a research note on Sunday, November 16th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $94.33.

Get Our Latest Analysis on CF Industries

About CF Industries

(Free Report)

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.

See Also

Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CF – Free Report).